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Freddie Mac. The Federal Home Loan Mortgage Corporation ( FHLMC ), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [ 3][ 4] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with its sister organization, the Federal National ...
Freddie Mac reports an average 6.49% for a 30-year fixed-rate mortgage, up 2 basis points from last week's average 6.47%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
The present Chief Executive Officers (CEOs) of both Fannie Mae and Freddie Mac have been dismissed but will stay on to help with the transition. Appointed as CEOs are Herbert M. Allison for Fannie Mae and David M. Moffett for Freddie Mac. Allison is a former vice chairman of Merrill Lynch and, for the last eight years, chairman of TIAA-CREF.
David B. Kellermann (August 1967 – April 22, 2009) was the acting chief financial officer of Freddie Mac in early 2009. Early life [ edit ] Kellermann graduated from George Washington University with a master's degree in finance after a B.S. in Political Science and Accounting from the University of Michigan .
Freddie Mac reports an average 6.49% for a 30-year fixed-rate mortgage, up 2 basis points from last week's average 6.47%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
Fannie Mae and Freddie Mac are government-sponsored enterprises that aim to provide the mortgage market with stability and affordability. They are major players in the secondary mortgage market ...
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